Story perspectives
Trump Celebrates Economy Amid Job Cuts and Lawsuits
10/29/2025
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Story summary
- U.S. President Donald Trump touted economic prosperity in Japan and announced a $550 billion investment.
- He said the U.S. economy is thriving despite looming layoffs and a federal shutdown.
- Amazon and UPS are cutting thousands of jobs, signaling concerns about economic outlook.
- Twenty-six states and Washington, D.C. sue the USDA over SNAP benefits during the shutdown.
- A federal judge temporarily blocked the administration from firing federal workers amid the shutdown.
